Rental market snapshot for East Hills, Grand Rapids
East Hills rental market summary
The rental market in East Hills, Michigan is showing signs of growth. In July 2023, there were 43 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,600, a 11.1% increase from the previous month and a 3.2% increase from the same time last year. This indicates that the rental market in East Hills is becoming increasingly competitive, with more people looking to rent in the area.
The increasing demand for rental properties in East Hills is likely due to the area's growing popularity. With its close proximity to major cities and its abundance of outdoor activities, East Hills is becoming an increasingly attractive destination for renters. As the rental market continues to grow, it is likely that the median rent will continue to increase as well. This could make it more difficult for renters to find affordable housing in the area, but it could also provide an opportunity for landlords to increase their profits.
Median rent for all residential properties in East Hills
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The most expensive listings and top trending buildings in East Hills
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1015 Chester St SE | $2,600 | 4 / 2.5 |
1016 Cherry St SE | $1,995 | 3 / 1.5 |
235-237 Warren Ave SE | $1,850 | 3 / 2.0 |
679 Lake Dr SE | $1,480 | 1 / 1.0 |
233 Henry Ave SE | $1,400 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Redstone Properties | $1,325 |
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Bedroom Breakdown in East Hills
East Hills neighborhood apartments rents
The rental market for studios in East Hills, Michigan appears to be relatively stable, with only one new studio listing in April 2023 and a median rent of $1,050. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in East Hills. However, the limited data available suggests that the rental market for studios in East Hills is relatively stable.
The rental market for 1-bedroom apartments in East Hills, Michigan appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,325. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from that month to July 2023. Overall, the rental market for 1-bedroom apartments in East Hills appears to be relatively steady.
The rental market for 2-bedroom apartments in East Hills, Michigan appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,275. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from that month. Overall, it appears that the rental market for 2-bedroom apartments in East Hills is relatively stable and consistent.